Word: labors
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Dates: during 2000-2009
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...before Dixie gets too smug, it should acknowledge a debt it owes Detroit, or rather Detroit's labor union, the United Autoworkers (UAW). The UAW has made the Big Three's labor force one of the world's best paid and protected - clout that is now a focus of what's wrong with Detroit. Still, the foreign automakers are in America in large part because, as their more fuel-efficient cars became popular in the U.S. in the 1980s and '90s, the UAW lobbied to get them to build production plants here...
Borrowing heavily from features of the failed House and Senate plans, the Treasury plan requires that labor costs be on par with those of the nonunionized automakers but gives the companies until the end of 2009. It eliminates the job bank and requires that half of the future payments to the retiree health-care trust, VEBA, be made with stock. Further, it requires that debt be cut by two-thirds through a debt-for-equity exchange. Though these are terms of the loan, they are described as "targets," meaning exceptions can be made if there is deemed...
...double the funding for it. "In an education landscape filled with strong and often sharply contrasting ideas, I believe that he will provide the leadership needed to bring diverse stakeholders together and break through the political gridlock," says California Representative George Miller, chairman of the House Education and Labor Committee...
...relative calm following eight days of rioting by outraged youths, French officials were moving to placate protesting students amid rising fears that violence could break out across France. Given the defiant nature of French student protests over the years - including weeks of violent demonstrations over a new youth labor contract in 2006 - concern is growing in France that the dismal economic outlook could push the current anti-reform protests into the kind of wild insurrection that has rocked Greece...
...unrest in 2006 centered on a new youth labor contract that detractors claimed handed an unfair advantage to employers. The government ultimately capitulated on the scheme, one of more than two dozen such victories French students have claimed since 2000. But while the majority of those victories came after peaceful demonstrations, France has a history of protest turning violent?student and otherwise. Some observers say the situation today is particularly volatile and unpredictable. "As in Greece and many European countries, the unions, opposition parties, and associations that usually take youth movements under their wing and organize protests in France...